4637 Boulder Crk Rd, Camp Verde, AZ 86322

58,200 SF Specialty Building Offered at $5,000,000 at a 7.63% Cap Rate in Camp Verde, AZ 86322

Asking Price $5,000,000

Property Type
Specialty
Square Feet
58,200 SF
Price / Square Foot
$86

Listing Contacts

Ted Knoell
Paul Gorraiz

Property Overview

This proposed mini-storage property sits on ±9.69 acres in size (±5.09 net acres) and has been approved for a ±58,200 Square Foot (± 396 Units, averaging ± 147 SF). It is proposed to be completed with a Certificate of Occupancy approximately 9 to 12 months after breaking ground. The Pro-Forma NOI is projected at $381,647. The projected timeline is an estimate, and the proposed unit mix can be Buyer determined and currently includes (180) 10x10, (164) 10x15, and (52) 10x30.
The following is an abbreviated general improvement description of the proposal (form and function), but in no way shall it be construed as a complete or final determination of the scope of features: Asphalt paved drives, metal construction, concrete slab foundations, drive-up roll-up door design, concrete-filled Bullard at building corners where adjacent to drives, landscaped roadway frontage, card-access gate, entrance monument signage, perimeter fencing, and video security surveillance systems.

Property Details

Class
B
Stories
1
Property Subtype
Self-Storage
Lot Size (sq. ft)
422,096 SF

Highlights

  • Approved Proposed ±58,200 Square Foot (± 396 Units, averaging ± 147 SF) Mini-Storage Facility
  • Buyer May Determine Unit Mix [currently 180 are 10x10, 164 are 10x15, and 52 are 10x30
  • Opportunity Zone with C-3, PAD Overlay Zoning
  • Utilities stubbed interior spine roads (electricity, water, and telephone)
  • 16,280 ADV on Highway 260 (2022 Traffic Count ADOT)

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